9 S Main St - Storefront Retail/Residential FOR SALE


Manchester, NY 14504
$699,900 USD
585-820-5142
9 S Main St, Manchester, NY for Sale
$699,900 USD
Storefront Retail/Residential - FOR SALE
1/81
null | Request Cap Rate

9 S Main St
Manchester, NY 14504


HIGHLIGHTS

  • Mixed-use property offering two commercial spaces and four residential apartments across two buildings.
  • Current rental income of $3,900/month with potential to increase to $5,700/month once fully leased.
  • Front building features two commercial units (approx. 1,200 sq ft each) suitable for restaurant, bar, coffee shop, or similar uses.
  • Residential units include large floor plans: 3 and 4-bedroom apartments in the front building and recently built 3-bedroom and 2-bedroom units in the
  • Separate meters for all units simplify management and utility allocation.
  • Off-street parking available for tenants and customers.

OVERVIEW

Incredible Mixed-Use Investment Opportunity Amazing opportunity to open your own bar, coffee shop, or restaurant while having rental income help pay your mortgage or loan. This versatile mixed-use property features two commercial spaces and four residential apartments across two buildings, with strong rental income and additional upside. The property is currently generating $3,900/month in rental income and is projected to reach $5,700/month once the remaining unit is leased. All spaces have separate meters, making management simple and utilities easy to allocate. Building 1 – Front Building Commercial Spaces (Lower Level – Approx. 2,400 SQ FT Total) • Unit 1 – South Side: 1,200 sq ft commercial space currently configured as a restaurant with kitchen area • Unit 2 – North Side: 1,200 sq ft commercial space ideal for a bar, café, or additional restaurant concept Commercial spaces are equipped with wall-mounted HVAC units. Residential Apartments (Upper Level) •Unit 3 – South Side: 3 Bedrooms, 1 Bathroom •Currently rented for $1,250/month •Lease expires 2/28/2027 •Unit 4 – North Side: 4 Bedrooms, 1 Bathroom Currently rented for $1,250/month Lease expires 2/28/2028 Building 2 – Rear Building •Unit A – Lower Level: •Newer construction •3 Bedrooms, 2 Bathrooms •Currently vacant – advertised at $1,800/month • Unit B – Upper Level: •Newer construction •2 Bedrooms, 1.5 Bathrooms •Rented for $1,400/month •Lease is month-to-month Additional Property Features • Separate meters for every unit • Electric heat for all residential units • Off-street parking available • Owner pays: water, garbage • Tenants pay: all utilities This property offers multiple income streams, owner-operator potential, and strong rental demand, making it an excellent opportunity for investors or entrepreneurs looking to operate their own business while building equity through rental income.

FOR SALE DETAILS

PRICE

$699,900 USD

PRICE/SF

$82 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

05 - COMME

APN/PARCEL ID

323601-032-014-0001-050-000

ASK ABOUT THIS PROPERTY

Daniel SirianniSirianni Realty LLCMore Info
585-820-5142

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Daniel SirianniSirianni Realty LLCMore Info
585-820-5142

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.